Hello Everyone
I am a fibre sheet manufacturer. I want to purchase Tempo( Tata Ace Truck) for transportation of fibre sheets. Can I claim GST ITC on the same?
Menu
GST CREDIT QUERY
Replies (3)
Yes. ITC can be claimed in this case as it's motor vehicle for the purpose of transportation of goods. Hence it is not covered under blocked credit u/s 17(5).
Yes ITC available
For Vehicle Maintenance -Its Eligible , Vehicle is used for business purposes
Recent Threads
- Proprietorship to Pvt Ltd - Is Slump Sale / BTA ma
- Pan and Aadhar Link Issue
- Fund Transfer to Foreign Country and TCS provision
- ITR updated return
- Company change Status from CIRP into Active
- Can a LLP Park money in MFs and do F&O
- ACCOUNTING TREATMENT FOR FIXED ASSETS STANDING AT
- GST Rule 14A and Form GST REG-32: Simplified Regis
- Filed Hotel commission from International Company
- Reinsurance brokerage section?
Related Threads
CAclubindia
